{"id":176133,"date":"2022-03-26T20:28:56","date_gmt":"2022-03-26T14:58:56","guid":{"rendered":"https:\/\/blog.forumias.com\/?p=176133"},"modified":"2022-03-26T20:28:56","modified_gmt":"2022-03-26T14:58:56","slug":"sagarmala-seven-years-of-spectacular-success","status":"publish","type":"post","link":"https:\/\/forumias.com\/blog\/sagarmala-seven-years-of-spectacular-success\/","title":{"rendered":"Sagarmala \u2013 Seven years of Spectacular Success"},"content":{"rendered":"\n<h5><b>What is the News?<\/b><\/h5>\n<p><span style=\"font-weight: 400;\">The Ministry of Ports, Shipping and Waterways has organized an event to commemorate the successful seven years of the Sagarmala program.<\/span><\/p>\n<h5><b>What is the Sagarmala Programme?<\/b><\/h5>\n<p><b>Launched in:<\/b><span style=\"font-weight: 400;\"> 2015 by the <\/span><span style=\"font-weight: 400;\">Ministry of Ports, Shipping and Waterways<\/span><\/p>\n<p><b>Aim: <\/b><span style=\"font-weight: 400;\">To pr<\/span><span style=\"font-weight: 400;\">omote port-led development in the country through harnessing India\u2019s 7,500 km long coastline, 14,500 km of potentially navigable waterways and strategic location on key international maritime trade routes.<\/span><\/p>\n<p><b>Vision:<\/b><span style=\"font-weight: 400;\"> To reduce logistics costs for EXIM and domestic trade with minimal infrastructure investment.<\/span><\/p>\n<h5><b>Components of the Sagarmala Programme\u00a0<\/b><\/h5>\n<p><b>\u2013 Port Modernization &amp; New Port Development: <\/b><span style=\"font-weight: 400;\">Debottlenecking and capacity expansion of existing ports and development of new greenfield ports<\/span><\/p>\n<p><b>\u2013 Port Connectivity Enhancement: <\/b><span style=\"font-weight: 400;\">Enhancing the connectivity of the ports to the hinterland, optimizing cost and time of cargo movement through multi-modal logistics solutions including domestic waterways (inland water transport and coastal shipping)<\/span><\/p>\n<p><b>\u2013 Port-linked Industrialization: <\/b><span style=\"font-weight: 400;\">Developing port-proximate industrial clusters and Coastal Economic Zones to reduce logistics cost and time of EXIM and domestic cargo<\/span><\/p>\n<p><b>\u2013 Coastal Community Development: <\/b><span style=\"font-weight: 400;\">Promoting sustainable development of coastal communities through skill development &amp; livelihood generation activities, fisheries development, coastal tourism etc.<\/span><\/p>\n<p><b>\u2013 Coastal Shipping &amp; Inland Waterways Transport: <\/b><span style=\"font-weight: 400;\">Impetus to move cargo through the sustainable and environment-friendly coastal and inland waterways mode.<\/span><\/p>\n<table style=\"border-collapse: collapse; width: 100%;\">\n<tbody>\n<tr>\n<td style=\"width: 100%;\"><strong>Read more: <a href=\"https:\/\/forumias.com\/blog\/yojana-january-summary-infrastructure-history-challenges\/\" target=\"_blank\" rel=\"noopener\">[Yojana January Summary] Infrastructure: History &amp; Challenges \u2013 Explained, pointwise<\/a><\/strong><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h5><b>About the projects under Sagarmala<\/b><\/h5>\n<p><span style=\"font-weight: 400;\"> Sagarmala projects include projects from various categories such as modernisation of existing ports and terminals, new ports, terminals, RoRo &amp; tourism jetties, enhancement of port connectivity, inland waterways, lighthouse tourism, industrialization around the port, skill development, technology centres among others.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u2013 These projects are implemented through a stepped approach, with the first attempt on implementing the projects through Public-Private Partnership (PPP) wherever feasible.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u2013 However, projects which have a high social and economic quotient but low Internal Rate of Return(IRR) are being implemented through funding support.<\/span><\/p>\n<h5><b>Achievements of the Programme<\/b><\/h5>\n<p><span style=\"font-weight: 400;\">The Quality service delivery has made Turnaround Time (containers) at Ports come down to 26.58 hours from 44.70 hours in 2013-14.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">A total of 29 projects have been successfully implemented under the PPP model, thus reducing the financial burden on the exchequer.\u00a0<\/span><\/p>\n<table style=\"border-collapse: collapse; width: 100%;\">\n<tbody>\n<tr>\n<td style=\"width: 100%;\"><strong>Read more: <\/strong><a style=\"font-family: inherit; font-size: inherit; background-color: var(--global--color-background);\" title=\"PM Gati Shakti \u2013 National Infrastructure Master Plan \u2013 Explained, pointwise\" href=\"https:\/\/forumias.com\/blog\/pm-gati-shakti-national-infrastructure-master-plan\/\" target=\"_blank\" rel=\"noopener\"><strong>PM Gati Shakti \u2013 National Infrastructure Master Plan \u2013 Explained, pointwise<\/strong><\/a><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><b>Source: <\/b><span style=\"font-weight: 400;\">This post is based on an article<\/span><b> \u201c<\/b><b>Sagarmala \u2013 Seven years of Spectacular Success<\/b><b>\u201d <\/b><span style=\"font-weight: 400;\">published in<\/span><b> PIB <\/b>on <b>25th March 2022.<\/b><\/p>\n","protected":false},"excerpt":{"rendered":"<p>What is the News? The Ministry of Ports, Shipping and Waterways has organized an event to commemorate the successful seven years of the Sagarmala program. What is the Sagarmala Programme? Launched in: 2015 by the Ministry of Ports, Shipping and Waterways Aim: To promote port-led development in the country through harnessing India\u2019s 7,500 km long&hellip; <a class=\"more-link\" href=\"https:\/\/forumias.com\/blog\/sagarmala-seven-years-of-spectacular-success\/\">Continue reading <span class=\"screen-reader-text\">Sagarmala \u2013 Seven years of Spectacular Success<\/span><\/a><\/p>\n","protected":false},"author":10317,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[1566,3127,956,9],"tags":[3590],"class_list":["post-176133","post","type-post","status-publish","format-standard","hentry","category-daily-factly-articles","category-economy","category-schemes-and-programs","category-public","tag-pib","entry"],"jetpack_featured_media_url":"","views":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/176133","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/users\/10317"}],"replies":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/comments?post=176133"}],"version-history":[{"count":0,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/176133\/revisions"}],"wp:attachment":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/media?parent=176133"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/categories?post=176133"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/tags?post=176133"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}